Bankruptcy Blog
Posted on May 15, 2012 By San Antonio Bankruptcy Lawyer
A multi-generational company has been forced to file for bankruptcy after decades of business. Last week it petitioned to have its Chapter 11 bankruptcy converted into a Chapter 7 bankruptcy filing ...
Continue reading "Multi-Generational Company Seeks to Convert from Chapter 11 to Chapter 7" »
Posted on May 14, 2012 By San Antonio Bankruptcy Lawyer
The Lehman Brothers' bankruptcy has been going on for years, yet new information is still being released to the public. A recent report shows that just before its massive collapse in 2008, fifty ...
Continue reading "New Information Released in Lehman Brothers' Bankruptcy Case" »
Posted on May 8, 2012 By San Antonio Bankruptcy Lawyer
In Las Vegas, Nevada, a well-known real estate developer has filed for Chapter 7 bankruptcy . According to news sources, B.P. told the Bankruptcy Court overseeing his case that he has over $506.5 ...
Continue reading "Vegas Real Estate Developer Lists Debts at $506.5 Million" »
Posted on May 7, 2012 By San Antonio Bankruptcy Lawyer
If you are thinking about filing for consumer bankruptcy, you will have two options in the state of Texas. The first option is Chapter 7 bankruptcy . This type of bankruptcy allows people to have ...
Continue reading "One Great Benefit of Chapter 13 Bankruptcy" »
Posted on May 1, 2012 By San Antonio Bankruptcy Lawyer
Good news for homeowners - the amount of short sales processed this quarter has surpassed foreclosures for the first time in years. This means that banks are becoming more accepting of short sales in ...
Continue reading "Statistics Show More Short Sales Than Foreclosures" »
Posted on Apr 30, 2012 By San Antonio Bankruptcy Lawyer
People across America are coming to rely on bankruptcy to tackle their overwhelming debts. In states like Texas, there has been an increase in Chapter 13 bankruptcy filings over the past few months. ...
Continue reading "Working with a Lawyer during Your Chapter 13 Filing" »
Posted on Apr 24, 2012 By San Antonio Bankruptcy Lawyer
There are times when companies may file for bankruptcy under one Chapter but will later convert it to another. That is what happened for a regional airline that announced its bankruptcy filing just a ...
Continue reading "Company Converts Chapter 11 to Chapter 7 Filing" »
Posted on Apr 23, 2012 By San Antonio Bankruptcy Lawyer
The sale of the Dodgers has been in discussion for nearly two years but it seems as though the debate is drawing to an end. A judge has approved the sale of the California baseball team to a group ...
Continue reading "Sale of the Dodgers Coming to a Close" »
Posted on Apr 17, 2012 By San Antonio Bankruptcy Lawyer
A solar power company with a $2 billion dollar project in the works has filed for Chapter 11 bankruptc y this month. With its largest stockholder also filing for bankruptcy in Germany, the ...
Continue reading "$2 Billion Solar Project Halted due to Company's Bankruptcy" »
Posted on Apr 16, 2012 By San Antonio Bankruptcy Lawyer
A former professional football player filed for Chapter 7 bankruptcy earlier this month in Fort Lauderdale, Florida. Warren Sapp, who has played with the Oakland Raiders and the Tampa Bay Buccaneers, ...
Continue reading "Warren Sapp Files for Chapter 7 in Florida" »
Posted on Apr 10, 2012 By San Antonio Bankruptcy Lawyer
One federal judge is sending a message to banks across the country: stop harassing clients who have filed for bankruptcy. The message was inspired by one debtor whose bankruptcy was ignored by the ...
Continue reading "Creditor Called Bankruptcy Applicant 38 Times" »
Posted on Apr 9, 2012 By San Antonio Bankruptcy Lawyer
Foreclosure rates across the country have seen serious fluctuations over the past few years. In some areas like San Antonio, Texas, the rates are remaining relatively steady, experiencing slight ...
Continue reading "Foreclosure Rates Remain Relatively Steady in Texas" »
Posted on Apr 3, 2012 By San Antonio Bankruptcy Lawyer
With tax season in full swing, you may be wondering how filing your taxes can affect a bankruptcy filing. Whether you have already filed for Chapter 7 bankruptcy protection or are considering it, you ...
Continue reading "How Can Chapter 7 Affect Your Taxes?" »
Posted on Apr 2, 2012 By San Antonio Bankruptcy Lawyer
One bank is trying a new program to save homeowners from being evicted. The "Mortgage to Lease" program is currently open to a handful of states, but the bank has hopes of expansion in the ...
Continue reading ""Mortgage Lease Program" Offered in Some States" »
Posted on Mar 27, 2012 By San Antonio Bankruptcy Lawyer
As the backlash of the robo-scandal comes to an end, foreclosures are slowly on the rise once again. According to RealtyTrac, filings fell just 8% in February, the smallest decrease since October ...
Continue reading "Foreclosures on the Rise Once Again" »
Posted on Mar 26, 2012 By San Antonio Bankruptcy Lawyer
A company that earned its reputation for resolving financial issues has filed for Chapter 11 bankruptcy . The tax-resolution firm, best known for its commercials, found itself in financial trouble ...
Continue reading "Tax Company Accused of Providing False Information" »
Posted on Mar 20, 2012 By San Antonio Bankruptcy Lawyer
A wholesale power company's bankruptcy filing is under constant scrutiny by several outside sources. One of the sources, a "watchdog" group for government bankruptcy filings, is calling ...
Continue reading "Power Company's Bankruptcy Faces Scrutiny" »
Posted on Mar 19, 2012 By San Antonio Bankruptcy Lawyer
Filing for bankruptcy does not give you the chance to max out credit cards and then have the charges dismissed. The bankruptcy code prevents such abuses from taking place, a fact which many first-time ...
Continue reading "Be Careful With Credit Cards Before Filing For Bankruptcy" »
Posted on Mar 13, 2012 By San Antonio Bankruptcy Lawyer
Are you considering Chapter 7 bankruptcy ? If so, it is important to understand that you will be asked to calculate your income for the court's review. When you file for Chapter 7 bankruptcy ...
Continue reading "Chapter 7 and Your Average Income" »
Posted on Mar 12, 2012 By San Antonio Bankruptcy Lawyer
A petroleum company based out of Texas is seeking Chapter 11 bankruptcy with one of its subsidiaries. The joint petition was presented to a bankruptcy judge last week in Dallas. Due to years of ...
Continue reading "Texas Petroleum Company Pursues Bankruptcy" »
Posted on Mar 6, 2012 By San Antonio Bankruptcy Lawyer
A unique ice cream manufacturer has been forced to file for its second bankruptcy loan. The recession hit Dippin' Dots Inc. hard over the past few years, forcing company officials to decide on ...
Continue reading "Ice Cream Company Tries to Reorganize by Seeking Loan" »
Posted on Mar 5, 2012 By San Antonio Bankruptcy Lawyer
News sources say that football star Terrell Owens has received notices of foreclosure on two of his properties. The former Dallas Cowboy's player learned last month that his properties in Uptown ...
Continue reading "Terrell Owens Receives Notice of Foreclosure" »
Posted on Feb 28, 2012 By San Antonio Bankruptcy Lawyer
When officials of a 30-year-old festival were forced to cancel last minute last year, there were ramifications greater than local disappointment. The group that runs the festival has been forced to ...
Continue reading "Popular Music Festival Files for Bankruptcy" »
Posted on Feb 27, 2012 By San Antonio Bankruptcy Lawyer
Homeowners in Texas can breathe a little easier after learning that their state experienced a serious drop in the foreclosure rate. According to RealtyTrac, a company that monitors foreclosure rates ...
Continue reading "Drop in Foreclosures Reported in Texas" »
Posted on Feb 21, 2012 By San Antonio Bankruptcy Lawyer
When the recession hit several years ago, people across the country were forced to give up on life's luxuries. Several golf courses in upstate North Carolina found themselves hit by the struggling ...
Continue reading "Golf Courses Seek Bankruptcy Protection" »
| May 15, 2012 |
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Multi-Generational Company Seeks to Convert from Chapter 11 to Chapter 7
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| Posted By San Antonio Bankruptcy Lawyer |
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| A multi-generational company has been forced to file for bankruptcy after decades of business. Last week it petitioned to have its Chapter 11 bankruptcy converted into a Chapter 7 bankruptcy filing based on its current financial situation and ... |
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| Continue reading "Multi-Generational Company Seeks to Convert from Chapter 11 to Chapter 7" » |
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| May 14, 2012 |
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New Information Released in Lehman Brothers' Bankruptcy Case
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| Posted By San Antonio Bankruptcy Lawyer |
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| The Lehman Brothers' bankruptcy has been going on for years, yet new information is still being released to the public. A recent report shows that just before its massive collapse in 2008, fifty of its top-paid employees were paid a total of $700 ... |
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| Continue reading "New Information Released in Lehman Brothers' Bankruptcy Case" » |
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| May 08, 2012 |
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Vegas Real Estate Developer Lists Debts at $506.5 Million
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| Posted By San Antonio Bankruptcy Lawyer |
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| In Las Vegas, Nevada, a well-known real estate developer has filed for Chapter 7 bankruptcy . According to news sources, B.P. told the Bankruptcy Court overseeing his case that he has over $506.5 million in debt. In comparison, he asserts that his ... |
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| Continue reading "Vegas Real Estate Developer Lists Debts at $506.5 Million" » |
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| May 07, 2012 |
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One Great Benefit of Chapter 13 Bankruptcy
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| Posted By San Antonio Bankruptcy Lawyer |
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| If you are thinking about filing for consumer bankruptcy, you will have two options in the state of Texas. The first option is Chapter 7 bankruptcy . This type of bankruptcy allows people to have their debt discharged. However, Chapter 7 also ... |
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| Continue reading "One Great Benefit of Chapter 13 Bankruptcy" » |
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| May 01, 2012 |
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Statistics Show More Short Sales Than Foreclosures
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| Posted By San Antonio Bankruptcy Lawyer |
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| Good news for homeowners - the amount of short sales processed this quarter has surpassed foreclosures for the first time in years. This means that banks are becoming more accepting of short sales in lieu of going through the entire foreclosure ... |
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| Continue reading "Statistics Show More Short Sales Than Foreclosures" » |
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| April 30, 2012 |
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Working with a Lawyer during Your Chapter 13 Filing
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| Posted By San Antonio Bankruptcy Lawyer |
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| People across America are coming to rely on bankruptcy to tackle their overwhelming debts. In states like Texas, there has been an increase in Chapter 13 bankruptcy filings over the past few months. This type of bankruptcy is preferred for many ... |
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| Continue reading "Working with a Lawyer during Your Chapter 13 Filing" » |
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| April 24, 2012 |
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Company Converts Chapter 11 to Chapter 7 Filing
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| Posted By San Antonio Bankruptcy Lawyer |
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| There are times when companies may file for bankruptcy under one Chapter but will later convert it to another. That is what happened for a regional airline that announced its bankruptcy filing just a few months ago. What started as a Chapter 11 ... |
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| Continue reading "Company Converts Chapter 11 to Chapter 7 Filing" » |
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| April 23, 2012 |
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Sale of the Dodgers Coming to a Close
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| Posted By San Antonio Bankruptcy Lawyer |
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| The sale of the Dodgers has been in discussion for nearly two years but it seems as though the debate is drawing to an end. A judge has approved the sale of the California baseball team to a group headed by Magic Johnson. However, there was one party ... |
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| Continue reading "Sale of the Dodgers Coming to a Close" » |
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| April 17, 2012 |
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$2 Billion Solar Project Halted due to Company's Bankruptcy
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| Posted By San Antonio Bankruptcy Lawyer |
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| A solar power company with a $2 billion dollar project in the works has filed for Chapter 11 bankruptc y this month. With its largest stockholder also filing for bankruptcy in Germany, the Oakland-based company was forced to move towards bankruptcy ... |
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| Continue reading "$2 Billion Solar Project Halted due to Company's Bankruptcy" » |
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| April 16, 2012 |
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Warren Sapp Files for Chapter 7 in Florida
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| Posted By San Antonio Bankruptcy Lawyer |
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| A former professional football player filed for Chapter 7 bankruptcy earlier this month in Fort Lauderdale, Florida. Warren Sapp, who has played with the Oakland Raiders and the Tampa Bay Buccaneers, claims to be $6.45 million in debt. In his divorce ... |
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| Continue reading "Warren Sapp Files for Chapter 7 in Florida" » |
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| April 10, 2012 |
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Creditor Called Bankruptcy Applicant 38 Times
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| Posted By San Antonio Bankruptcy Lawyer |
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| One federal judge is sending a message to banks across the country: stop harassing clients who have filed for bankruptcy. The message was inspired by one debtor whose bankruptcy was ignored by the bank and thus made him a target of harassment by the ... |
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| Continue reading "Creditor Called Bankruptcy Applicant 38 Times" » |
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| April 09, 2012 |
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Foreclosure Rates Remain Relatively Steady in Texas
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| Posted By San Antonio Bankruptcy Lawyer |
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| Foreclosure rates across the country have seen serious fluctuations over the past few years. In some areas like San Antonio, Texas, the rates are remaining relatively steady, experiencing slight inclines over the past few months. According to ... |
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| Continue reading "Foreclosure Rates Remain Relatively Steady in Texas" » |
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| April 03, 2012 |
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How Can Chapter 7 Affect Your Taxes?
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| Posted By San Antonio Bankruptcy Lawyer |
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| With tax season in full swing, you may be wondering how filing your taxes can affect a bankruptcy filing. Whether you have already filed for Chapter 7 bankruptcy protection or are considering it, you should learn more about how filing income taxes ... |
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| Continue reading "How Can Chapter 7 Affect Your Taxes?" » |
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| April 02, 2012 |
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"Mortgage Lease Program" Offered in Some States
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| Posted By San Antonio Bankruptcy Lawyer |
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| One bank is trying a new program to save homeowners from being evicted. The "Mortgage to Lease" program is currently open to a handful of states, but the bank has hopes of expansion in the future. The program has been offered to just 1,000 ... |
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| Continue reading ""Mortgage Lease Program" Offered in Some States" » |
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| March 27, 2012 |
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Foreclosures on the Rise Once Again
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| Posted By San Antonio Bankruptcy Lawyer |
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| As the backlash of the robo-scandal comes to an end, foreclosures are slowly on the rise once again. According to RealtyTrac, filings fell just 8% in February, the smallest decrease since October 2010. Now that most banks and financial institutions ... |
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| Continue reading "Foreclosures on the Rise Once Again" » |
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